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4 bed flat
Red Lion Street, Boston, Lincolnshire PE21
£250,000
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Our Summary
- Excellent rental return with scope to increase
- ATTENTION INVESTORS - TURNKEY INVESTMENT OPPORTUNITY GENERATING 9% NET YIELD
- Exceptional freehold investment opportunity consisting of three self-contained flats
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Description
The property is a freehold block of three self-contained flats located on Red Lion Street in Boston, Lincolnshire. The block comprises two one-bedroom flats and one two-bedroom flat, all of which are fully tenanted. The property has been well maintained and recently refurbished, offering a low-maintenance addition to any portfolio.
The flats are generating an attractive 9% gross yield and 8.79% net yield, with a gross rent of £22,680.00 and a net income of £21,985.00.